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The Daily

A new bill introduced in the House of Representatives aims to encourage healthier lifestyles by offering tax incentives to those who go to the gym or otherwise participate in fitness activities, according to Forbes.

A tax auditor in Finland died at his desk, and his co-workers didn't notice for two entire days... according to Forbes. He had closed his office door while checking tax returns and everyone else assumed he wanted to be left alone, so no one disturbed him until a friend called him to ask whether he wanted to get lunch.

Taxpayers, hungry for more information, have been visiting the IRS website looking for answers in increasing numbers, with total visitors this tax season so far numbering about 200 million, which the IRS website itself says represents a 10 percent increase over last year.

Utah has implemented the first, and so far only, white collar criminal registry, allowing anyone to view Utahans convicted of financial crimes like embezzlement or fraud, according to the New York Times.

The Securities and Exchange Commission has given final approval for the 2015 XBRL taxonomy for U.S. GAAP, according to Compliance Week, allowing entities to use the updated version in their latest round of filings.

Last year, the IRS audited just .86 percent of all tax returns, the lowest rate in a decade, according to CNBC. The reason is that while the IRS, due to fewer resources and more responsibilities, is trying to do more with less, it has also resulted in them just doing less.

Imagine if you had a business client who could not take any deductions or credits connected to any expense that arose from building and maintaining that business. What would that look like? What would their tax bill look like?